What is a Standard Internal Control Model?

A Standard Internal Control Model is constituted within a framework of structures, concepts and methodologies necessary to allow the design, development, implementation and operation of an adequate Internal Control, which supports the fulfillment of the institutional objectives of each agency or entity of the State.

The Government of the Republic of Paraguay is currently executing the Threshold Program with the support of international organizations, which will allow it to improve its efficiency, integrity and transparency indicators, as well as access to the Millennium Challenge Account, United Nations Fund United Nations – UN – aimed at promoting the millennium goals in human, social and economic development.

By Decree No. 962, the President of the Republic, Fernando Lugo amends Decree No. 8127/2000 “By which establishes the legal and administrative provisions that regulate the implementation of Law No. 1535/99,” Financial Administration of the State “and the functioning of the Integrated System of Financial Administration (SIAF) and approves the MECIP. The decree also indicates that the Audit of the Executive Power will be in charge of an Auditor General, with rank of minister and under direct dependence of the first agent.

The General Comptroller of the Republic, by Resolution CGR No. 425, dated May 9, 2008, ESTABLISHES AND ADOPTS the Standard Model of Internal Control for Public Entities of Paraguay – MECIP, as a framework for the control, and evaluation of the internal control systems of the entities subject to the supervision of the CGR.

Fundamentals of Internal Control

  • Self-regulation
  • Self-control
  • Self-management